Panama has been ranked as the #1 retirement destination by International Living for multiple consecutive years. The Pensionado program offers 25-50% discounts on flights, hotels, restaurants, entertainment, and medical services. With a cost of living 30-50% lower than the United States, tropical climate year-round, and a high-quality healthcare system, Panama offers exceptional quality of life for retirees.
Key Facts
#1
International Ranking
International Living 2024
-30-50%
Cost of Living vs USA
Numbeo 2024
94%
Satisfied Expats
Expat Insider 2024
Pensionado Program
Panama's Pensionado program is one of the most generous in the world...
- 25% off flights
- 50% off hotels
- 25% off restaurants
- 15% off hospitals